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Note 18 - Intangible assets (Tables)
12 Months Ended
Dec. 31, 2017
Intangible Assets and Goodwill Abstract  
Goodwill. Breakdown by CGU and Changes of the year
Goodwill. Breakdown by CGU and Changes of the year (Millions of euros)
The United StatesTurkeyMexicoColombiaChileOtherTotal
Balance as of December 31, 20144,767-63820865205,697
Additions 12788----800
Exchange difference549(62)(35)(31)(3)(1)418
Balance as of December 31, 20155,32872760217662206,915
Additions -----88
Exchange difference175(101)(79)146-15
Other-(1)----(1)
Balance as of December 31, 20165,50362452319168286,937
Additions --24---24
Exchange difference(666)(115)(44)(22)(3)(1)(851)
Impairment-----(4)(4)
Other--(10)-(33)-(43)
Balance as of December 31, 20174,83750949316832236,062
Impairment test hypotheses CGU Goodwill in the United States
Impairment test hypotheses CGU Goodwill in the United States
201720162015
Discount rate10.0%10.0%9.8%
Sustainable growth rate4.0%4.0%4.0%
Sensitivity analysis for main hypotheses United States
Sensitivity analysis for main hypotheses - USA (Millions of euros)
Impact of an increase of 50 basis points (*)Impact of a decrease of 50 basis points (*)
Discount rate(1,159)1,371
Sustainable growth rate661(559)

(*) Based on historical changes, the use of 50 basis points to calculate the sensitivity analysis would be a reasonable variation with respect to the observed variations over the last five years.

Valuation and calculation of badwill for the acquisition of stake in Catalunya Banc
Valuation and calculation of negative goodwill for the acquisition of stake in Catalunya Banc (Millions of euros)
Carrying AmountFair Value
Acquisition cost (A)-1,165
Cash on hand616616
Financial assets held for trading 341341
Available-for-sale financial assets1,8451,852
Loans and receivables37,50936,766
Fair value changes of the hedged items in portfolio hedge of interest rate risk 2323
Derivatives – Hedge accounting845845
Non-current assets and disposal groups classified as held for sale274193
Investments in subsidiaries, joint ventures and associates209293
Tangible assets908626
Intangible assets7129
Other assets581498
Financial Liabilities Held for Trading(332)(332)
Financial liabilities at Amortized Cost(41,271)(41,501)
Fair value changes of the hedged items in portfolio hedge of interest rate risk(490)(490)
Derivatives – Hedge accounting(535)(535)
Provisions(1,248)(1,667)
Other liabilities(84)(84)
Deferred tax3,3123,630
Total fair value of assets and liabilities acquired (B)-1,205
Non controlling Interest Catalunya Banc Group (**) (C)22
Non controlling Interest after purchase (D)-12
Negative goodwill (A)-(B)+(C )+(D)-(26)

(*) After the purchase, it has been reclassified under the heading “Available-for-sale financial assets”

(**) It corresponds to non-controlling interests that Catalunya Banc held, prior to integration in the BBVA Group

Valuation and calculation of goodwill in Garanti Bank
Valuation and calculation of goodwill in Garanti Bank (Millions of euros)
Carrying AmountFair Value
Acquisition cost (A)-5,044
Cash on hand8,9158,915
Financial assets held for trading 419419
Available-for-sale financial assets14,61814,773
Loans and receivables58,49558,054
Non-current assets and disposal groups classified as held for sale-(2)
Investments in subsidiaries, joint ventures and associates1421
Hedging Derivatives7851,399
Non-current assets held for sale111,188
Other assets3,7153,652
Financial liabilities at Amortized Cost(70,920)(70,926)
Provisions(394)(697)
Other liabilities(6,418)(6,418)
Deferred tax263182
Total fair value of assets and liabilities acquired (B)-10,560
Non controlling Interest Garanti Group (C)5,6695,669
Non controlling Interest after purchase (D)-635
Goodwill (A)-(B)+(C )+(D)-788
Impairment test hypotheses CGU Goodwill in Turkey
Impairment test assumptions CGU Goodwill in Turkey
201720162015
Discount rate18.0%17.7%14.8%
Sustainable growth rate7.0%7.0%7.0%
Sensitivity Analysis for main hypotheses Turkey
Sensitivity analysis for main assumptions - Turkey (Millions of euros)
Impact of an increase of 50 basis points (*)Impact of a decrease of 50 basis points (*)
Discount rate(298)327
Sustainable growth rate214(196)
Other intangible assets Explanatory
Other intangible assets (Millions of euros)
201720162015
Computer software acquisition expenses1,6821,8771,875
Other intangible assets with an infinite useful life121226
Other intangible assets with a definite useful life7089601,235
Total2,4022,8493,137
Other Intangible Assets. Changes Over the Period
Other Intangible Assets (Millions of euros)
Notes201720162015
Balance at the beginning2,8493,1371,673
Acquisition of subsidiaries in the year--1,452
Additions564645571
Amortization in the year45(694)(735)(631)
Exchange differences and other (305)(196)76
Impairment(12)(3)(4)
Balance at the end2,4022,8493,137